I am often skeptical of the cryptocurrency market because cryptocurrency has neither a worldwide community nor a rule to make coins, so my faith is not more than just 10%. This is because 2 3 Coins of the same name can also be made. Ho and no one sends you any legal notice or banner and if 10 projects come in 1 month, then 8 of them are fake, if this problem is not solved then trust in this market will not increase...
This is because we are in a decentralized and open sourced environment, anyone can create a coin or token and offer it to anyone, it's up to investors if he wants to invest or not, if you are a Cryptocurrency investor you should always do a diligent research and do not believe in the hype, every investment market has a trap, more so here in Cryptocurrency.